Warren ignites a new battle against "Bitmain" as Senator Elizabeth Warren calls on the U.S. Department of Commerce to launch a comprehensive investigation into Bitmain, the world's leading manufacturer of bitcoin mining equipment. The main concerns raised by Warren:
Potential national security risks, such as the possibility of remote control of devices for espionage or disruption of the American power grid.
Connections to the Trump family, as American Bitcoin Corp. (backed by Eric Trump and Donald Trump Jr.) purchased 16,000 mining devices from Bitmain in a deal worth $314 million.
Details: In an official message sent on Thursday (March 26, 2026) to Commerce Secretary Howard Lutnick, the Democratic senator demanded the disclosure of all documents related to previous federal investigations into Bitmain (which began in November 2025).
Details of any communications between the Chinese company, the Department of Commerce, and the Trump family.
Ensuring that national security decisions are not influenced by corporate interests linked to the president's family.
The concerns are based on previous reports indicating the potential use of Bitmain devices in espionage or sabotage operations, in addition to a prior investigation dubbed "Operation Red Sunset." Bitmain and American Bitcoin denied any security violations, asserting that the deal is subject to strict industrial safety standards, and that the American company conducted security tests on the devices without discovering issues. Political context: This move comes as part of an ongoing campaign by Elizabeth Warren (known for her strong opposition to the crypto sector) against what she describes as the "Trump family's influence" on the cryptocurrency industry. This is not the first time Warren has focused on national security in her attacks on projects linked to Trump affiliates.
